Retail sales is the single best indication of overall demand in the economy, |
Retail sales is the single best indication of overall demand in the economy. It's one of the things the Fed is keying on because (of) when they started raising interest rates. |
See? We've watched; we took that little insurance. You didn't like it, but we took it back away. |
Take a look at Philip Morris ( MO ), ... I think this stock is going to survive pretty nicely. |
That has a lot of implications for tech stocks, ... Maybe we've seen the highs and lows of the year. |
That's another thing that helps these companies do well in this time period, |
The bank stocks are affected by what the Fed does. If the Fed's going to be pushing rates up aggressively, it's going to hard for bank stocks to significantly do better than the market, ... But I think some of the stocks are cheap enough that they're worth at least nibbling on at this point. |
The classic response is that you have pent up selling. People get nervous, uncertainty brings prices down as it normally does, |
The domestic economy, the consumer side of this economy remains very strong and that's what's pushing everything forward. |
The fact is, ... that trends are pointing to the fact that the labor market's very strong. With this much growth, you have to think [inflation and consequent interest rate hikes might be] are out there. There's pressure out there eventually. Right now, the key is to stay big cap; for good earnings visibility, we're kind of cannibalizing the many to feed the few at the top. If you want to stay invested, stay there. If you want to get defensive, use rallies to sell into because people are giving you good prices again here. |
The key thing here is, we're sort of short on liquidity, so we don't have enough money to raise everything. Investors have to focus on good sectors with leading stocks especially with good earnings revision profiles, and where there's support for rising profit and expectations going forward, |
The key thing here is, we're sort of short on liquidity, so we don't have enough money to raise everything. Investors have to focus on good sectors with leading stocks especially with good earnings revision profiles, and where there's support for rising profit and expectations going forward. |
The leadership is going to stay with companies that have very strong earnings growth, |
The markets continue to mark time. Every day we get worries about inflationary pressures and interest rate pressures. Stocks have a hard time rising, but the reasons to rise are still coming through with strong earnings gains. |
The only area in retail we really like are the distributors and the electronic retailers. |